Fall of the Berlin Wall 2.0? - Political Effects of and European Responses to the Financial-Economic Crisis
Janis A. Emmanouilidis
ELIAMEP Thesis 4/2008
In ELIAMEP Thesis 4/2008 Janis A. Emmanouilidis, Stavros Costopoulos Research Fellow at ELIAMEP, discusses the potential political consequences of and European responses to the financial-economic crisis.
In more concrete terms, the paper argues that the current turmoil might lead to (1) a further decline of U.S. dominance; (2) a redesign of global governance in favour of emerging powers; (3) an increased pressure on Europeans to rise to the challenge of global affairs; (4) more self-contemplation in an increasingly inward looking atmosphere; (5) a re-politicisation of the economy; and to (6) a new battle of ideas within and among countries about what kind of policies are right or wrong.
In response to these potential consequences of the crisis, Europe or more specifically the EU should (1) promote effective multilateralism; (2) speak with one voice in financial institutions; (3) intensify economic cooperation in the framework of a more effective Economic Union; (4) develop a more balanced and mature relationship with the U.S.; (5) initiate a coherent globalisation strategy (Global Europe 2020); and (6) further politicize European policy-making.
Janis A. Emmanouilidis, Fall of the Berlin Wall 2.0?, ELIAMEP Thesis, 4/2008, Athens, December 2008
All issues of ELIAMEP Thesis can be downloaded here.
Previous versions of the paper were published at blogs@eliamep
Re-unite EUrope – A shared Leitmotiv for the next EU leadership
Janis A. Emmanouilidis, Challenge Europe – Yes, we should!, Brussels 04/2019
Yes, we should! – EU priorities for 2019-2024
Janis A. Emmanouilidis et al, Challenge Europe, Brussels 04/2019
Challenge Europe – Introduction | Yes, we should!
Janis A. Emmanouilidis et al, Challenge Europe – Yes, we should!, Brussels 04/2019
The need to 'Re-unite EUrope': the results of another Brexit summit
Janis A. Emmanouilidis, Post-summit Analysis, Brussels 12/2018
Time to move up a gear
Janis A. Emmanouilidis, Post-summit Analysis, Brussels 07/2018
La réforme de l'Europe ne pourra se faire sans compromis
Janis A. Emmanouilidis, Le Monde, Paris 05/2018
Time to re-energise Europe
Herman Van Rompuy, Janis A. Emmanouilidis, Euractiv, Brussels 11/2017
Re-energising Europe: a package deal for the EU27
Janis A. Emmanouilidis, King Baudouin Foundation, Bertelsmann Stiftung, Open Society Initiative for Europe, European Policy Centre, Third report 'New Pact for Europe' project, Brussels 11/2017
Keeping the 'open society' open
Janis A. Emmanouilidis, Alliance Magazine, London 04/2017
The 2017 elections across Europe: facts, expectations and consequences
Janis A. Emmanouilidis, Francesca Fabbri, Yann-Sven Rittelmeyer, Adriaan Schout, Corina Stratulat, Fabian Zuleeg, EPC, Brussels 03/2017